News articles about CBS (NYSE:CBS) have trended somewhat positive on Thursday, according to Accern. The research group ranks the sentiment of news coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. CBS earned a media sentiment score of 0.05 on Accern’s scale. Accern also gave news coverage about the media conglomerate an impact score of 44.3546163226977 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
These are some of the news articles that may have impacted Accern Sentiment’s analysis:
- CBS Studios International and Amazon Prime Video Announce Multi-Season, International Licensing Agreement for “The Good Fight” (thefutoncritic.com)
- A single dad walked 11 miles to work every day until his co-workers found out (cbs46.com)
- Fugitive parents of Henderson Co. toddler shot in face found, arrested (cbs19.tv)
- Missing Baltimore Co. Woman Found Safe (baltimore.cbslocal.com)
- CBS and Viacom have made due diligence requests, say sour… (finance.yahoo.com)
Several equities research analysts have commented on the company. Morgan Stanley assumed coverage on CBS in a report on Wednesday, December 6th. They issued an “overweight” rating and a $68.00 target price on the stock. Stephens started coverage on CBS in a research report on Thursday, December 14th. They set an “overweight” rating and a $70.00 price objective for the company. Zacks Investment Research upgraded CBS from a “sell” rating to a “hold” rating in a research report on Monday, October 23rd. Macquarie lowered CBS from an “outperform” rating to a “neutral” rating and set a $60.00 price objective for the company. in a research note on Tuesday, January 2nd. Finally, Cowen reaffirmed a “buy” rating and issued a $69.00 price objective on shares of CBS in a research note on Friday, October 27th. Nine equities research analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and one has assigned a strong buy rating to the company. CBS presently has an average rating of “Buy” and an average target price of $70.91.
The company also recently declared a quarterly dividend, which will be paid on Sunday, April 1st. Shareholders of record on Friday, March 9th will be given a dividend of $0.18 per share. The ex-dividend date is Thursday, March 8th. This represents a $0.72 dividend on an annualized basis and a yield of 1.28%. CBS’s dividend payout ratio is currently 98.63%.
In other CBS news, Director Arnold Kopelson sold 5,093 shares of CBS stock in a transaction dated Monday, December 4th. The stock was sold at an average price of $59.51, for a total transaction of $303,084.43. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, COO Joseph R. Ianniello sold 2,400 shares of CBS stock in a transaction dated Wednesday, January 17th. The shares were sold at an average price of $60.13, for a total value of $144,312.00. Following the transaction, the chief operating officer now owns 320,723 shares of the company’s stock, valued at approximately $19,285,073.99. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 226,377 shares of company stock valued at $13,319,103. 1.67% of the stock is currently owned by insiders.
ILLEGAL ACTIVITY WARNING: This report was first reported by Week Herald and is the property of of Week Herald. If you are viewing this report on another domain, it was copied illegally and reposted in violation of U.S. & international copyright law. The correct version of this report can be accessed at https://weekherald.com/2018/02/15/cbs-cbs-receives-daily-media-sentiment-rating-of-0-05.html.
CBS Corporation is a mass media company. The Company operates through four segment: Entertainment, Cable Networks, Publishing, Local Media. The Entertainment segment comprises the CBS TV Network; CBS TV Studios; CBS Studios International and CBS TV Distribution; CBS Interactive; CBS Films; and the Company’s digital streaming services, CBS All Access and CBSN.
Receive News & Ratings for CBS Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CBS and related companies with MarketBeat.com's FREE daily email newsletter.